J. M. Smucker: Snack On This High Yield And Low P/E Staples Stock
Food inflation has moderated, helping packaged food companies, though a more price-conscious consumer poses a risk to the industry. I have a buy rating on J.M. Smucker due to its compelling valuation metrics and expected EPS growth in the years ahead. But the firm faces challenges from high labor costs and integrating Hostess Brands effectively while the stock's technical situation is weak.
J. M. Smucker Stock: Cheap, But Some Concerns As Well
The J. M. Smucker Company shares fell after the $5.6 billion Hostess deal, creating concerns about leverage, and growth potential. The company now sees mediocre growth, flattish earnings, while the balance sheet is fully leveraged. Valuations have come down, but other than the cheapness and stability argument, J. M. Smucker investors have not much to look forward to in the near term.
The J.M. Smucker (SJM) Up on Q4 Earnings Beat, Higher Volumes
The J.M. Smucker's (SJM) fourth-quarter fiscal 2024 results reflect gains from favorable volumes and positive net price realization.
J.M. Smucker Stock Rises as It Gets a Lift From Hostess Brands Acquisition
Shares of The J.M. Smucker Co. (SJM) advanced Thursday after the food producer beat profit estimates as it cut costs, raised prices, and benefited from its purchase of Hostess Brands.
J.M. Smucker Earnings Were Sweet. The Stock Is Charging Higher.
Shares of the food producer were on track for their largest daily increase in nearly four years.
The J. M. Smucker Company (SJM) Q4 2024 Earnings Call Transcript
The J. M. Smucker Company (NYSE:SJM ) Q4 2024 Results Conference Call June 6, 2024 9:00 AM ET Company Participants Aaron Broholm - Vice President, Investor Relations Mark Smucker - Chair of the Board, President and Chief Executive Officer Tucker Marshall - Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Ken Goldman - JPMorgan Peter Galbo - Bank of America Chris Carey - Wells Fargo Securities Robert Moskow - TD Cowen Matt Smith - Stifel Tom Palmer - Citi Rob Dickerson - Jefferies Max Gumport - BNP Paribas Operator Good morning, and welcome to The J.M. Smucker Company's Fiscal 2024 Fourth Quarter Earnings Question-and-Answer session.
Here's What Key Metrics Tell Us About Smucker (SJM) Q4 Earnings
While the top- and bottom-line numbers for Smucker (SJM) give a sense of how the business performed in the quarter ended April 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Smucker (SJM) Q4 Earnings Beat Estimates
Smucker (SJM) came out with quarterly earnings of $2.66 per share, beating the Zacks Consensus Estimate of $2.32 per share. This compares to earnings of $2.64 per share a year ago.
The J. M. Smucker Company (SJM) Q4 2024 Earnings Call Transcript
The J. M. Smucker Company (NYSE:SJM ) Q4 2024 Earnings Conference Call June 6, 2024 7:00 AM ET Company Participants Aaron Broholm - Vice President of Investor Relations Mark Smucker - President and Chief Executive Officer Tucker Marshall - Chief Financial Officer Conference Call Participants Aaron Broholm Good morning, this is Aaron Broholm, Vice President, Investor Relations for The J. M. Smucker Company.
Jif peanut butter maker JM Smucker beats quarterly profit estimates on price hikes
Jif peanut butter maker JM Smucker topped Wall Street estimates for fourth-quarter profit on Thursday, helped by higher prices of condiments and frozen food as well as lower input costs, sending its shares up 2% before the bell.
J.M. Smucker's stock rallies after a profit beat, as improving gross margins helped offset a sales miss
Shares of J.M. Smucker Co. SJM, -1.23% gained 2% in premarket trading Thursday, after the company with food brands including Folgers, Dunkin', Smuckers and Meow Mix, beat fiscal fourth-quarter profit expectations, as the recent acquisition of Hostess Brands has helped boost results.
The J.M. Smucker (SJM) to Post Q4 Earnings: Is a Beat Likely?
The J.M. Smucker's (SJM) Q4 results are likely to reflect gains from pricing and sustained demand, alongside bearing the impacts of recent divestitures and high marketing costs.
